The standard method of drawing blood by venipuncture has been replaced by a new device, the unnecessary blood draw system, which is a painless alternative. The unnecessary blood collection system draws enough blood for a wide range of tests in the same amount of time as standard procedures.
The device reduced the risk of injury for patients suffering from chronic conditions that require regular blood tests. The standard way to draw blood by venipuncture is uncomfortable for the patient. The unnecessary blood collection system draws blood painlessly and reduces the risk of infection with a user-friendly process.
In addition, labor costs were minimized with an unnecessary blood collection system. This device draws blood from the patient through a small plastic tube inserted through the patient’s catheter, which is more comfortable than a metal needle. The blood draw process is an important and common practice in modern medicine, but it can cause anxiety, pain, or lead to infections or needle puncture injuries.
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According to the Velano Vascular Hospital Survey, nearly 500 million inpatient blood draws occur annually in the United States. The unnecessary blood collection system is a better alternative for patients who have difficulty performing conventional blood collection procedures. For example, 30% of the U.S. hospital patient population has impaired venous access due to obesity, age, and other diseases, which makes it very difficult to collect blood samples.
The global market for unnecessary blood collection systems is expected to be driven by advances in technology. The occurrence of impaired venous access due to obesity, old age, and other diseases has increased the need for unnecessary blood systems. Blood tests are the basic tests your doctor will ask before diagnosing certain diseases.
Virtually painless and unnecessary blood collection systems are expected to replace more than 400 million existing blood collection systems in the United States. Blood collection market systems with ease of use and low risk of infection are responsible for the increased penetration of these devices to all end users. .
With the help of an unnecessary blood collection system, a blood sample with high integrity that is not hemolyzed can be easily obtained. Standard blood draw techniques cause reactions, pain, and bruising or nerve damage. For this reason, hospitals around the world are turning to unnecessary blood collection devices to minimize labor costs as well as the risk of needle prick injuries during repeated blood collections. In addition, end users and manufacturers of unnecessary blood collection systems are collaborating to develop better products.
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North America is expected to remain the dominant market in the global unnecessary blood collection system market due to the increase in inpatients due to chronic diseases. According to the University of Pennsylvania Hospital, nearly all inpatients admitted to the hospital typically have at least one blood draw per day, and 25% of hospitalized patients receive three or more blood draws per day.
About 3% of patients receive more than 100 blood collections during their hospital stay. Emerging markets such as Asia Pacific and Latin America are expected to lag growth due to the late introduction of these devices to the market.
Competitive Outlook
The global market for unnecessary blood collection systems is highly integrated. Some of the key players identified in the global unnecessary blood collection systems market are Velano Vascular, Tasso Inc., Seventh Sense Biosystems. In addition, many companies such as Siemens AG, Ionis Pharmaceuticals and Novartis International AG are investing in unnecessary blood collection systems.
In addition, non-profit organizations like Sutter Health have partnered with Velano Vascular to develop an unnecessary blood draw system.
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